MicroStrategy has purchased an additional $200 million worth of Bitcoin, its third-largest acquisition of the year. The company now holds approximately 720,750 Bitcoin, valued at about $49.5 billion. Investors responded positively, with the firm’s stock climbing over 6%. Analysts have raised their forecasts, suggesting the recent Bitcoin price dip may end, though the stock remains down significantly from its July 2025 peak.
MicroStrategy (MSTR) has acquired another $200 million worth of Bitcoin, marking its third-largest purchase this year. According to a press release, the firm now owns roughly 720,750 Bitcoin, with its holdings currently worth about $49.5 billion. The latest purchase comprised around 3,000 Bitcoin bought for an average price of $67,700 each.
MSTR investors praised the latest BTC purchase, with shares in the firm’s stock climbing over 6% on Monday. Wall Street analysts have hiked their forecasts for MSTR, suggesting the BTC dip will end and fuel a rally.
The Bitcoin-buying firm has been nursing an unrealized loss on its holdings since the asset dipped below the $76,000 mark last month. Looking to the next few months, analysts are projecting the stock to rebound, though it may take time to recover the 60% loss from July 2025 onward.
Last week, MicroStrategy raised more money than it spent on Bitcoin, pocketing around $33 million as it doled out more of its STRC preferred stock. In recent months, the company has embraced this dividend-paying product as an alternative source of funding, which co-founder and Executive Chairman Michael Saylor has dubbed “digital credit.”
As a result, MicroStrategy has extended its lead as the largest institutional investor of Bitcoin in the world. Eighty-eight percent of analysts covering the stock on Wall Street rate MSTR a buy, suggesting the recent dip could prove a buying opportunity.
The lowest forecasts have MSTR reaching $185, while the highest is over $700. On the other hand, if Bitcoin stumbles and stays below $70,000, raising fresh cash gets expensive for MicroStrategy in a hurry.
That scenario could push the firm toward selling more stock or floating preferreds with bigger yields. Such moves would hit common shareholders with dilution and pile on pressure just when it stings most.
